Chicago Cheat Sheet: Barrington Hills horse farm ownership feud goes to court…& more

Also, Frank Lloyd Wright home finally sells

Feb.February 04, 2019 05:00 PM

Horizon Farms (Credit: Barrington Area Conservation Trust)

Ownership feud over Barrington Hills horse farm goes to court

A decade-long dispute over ownership of a 400-acre horse farm in Barrington Hills is finally headed to court. The Forest Preserve District of Cook County wants to turn the Horizon Farm into public property, and has a claim on the land after buying the debt and foreclosing on it. But one-time owners Richard Cannon and Meryl Squires-Cannon are fighting the foreclosure, having filed six lawsuits seeking to regain ownership. [Chicago Tribune]

Apartments coming to Logan Square Boys & Girls Club

The century-old Logan Square Boys & Girls Club building will be preserved and converted into apartments. Campbell Coyle Real Estate, New Era Chicago and Ranquist Development Group are under contract to buy the historic building at 3228 West Palmer Street. They also plan to build a park and a parking lot as part of the project, tearing down an annex built in the 1950s to make room. [Curbed]

Frank Lloyd Wright home sells after 8 years

A 6,000-square-foot home that was part of a larger mansion designed by Frank Lloyd Wright in Riverside sold after more than eight years on the market. The home, which contains some of the main rooms of the Avery Coonley House on Bloomingbank Road, sold for $1.2 million. Sellers Dean and Ella Mae Eastman first listed the home for $2.9 million in 2010. [Crain’s]

Protesters target Pangea, push for rent control

Pangea Properties was the target of a protest by activists criticizing its management practices and calling for an end to the state’s ban on rent control. The protest took place outside the West Loop offices of Pangea, which manages more than 12,000 apartments and townhomes in Chicago, Indianapolis and Baltimore. The activists claimed the company is quick to evict and charges exorbitant fees for service. The company did not respond to requests for comment. [Chicago Sun-Times]

New developer has plans for Rolling Meadows Dominick’s site

Taylor Morrison Home Corporation plans to redevelop a vacant Dominick’s site in downtown Rolling Meadows, after the previous developer dropped its plans for the site. Taylor Morrison still wants to build townhomes on a portion of the site at 2819-2915 Kirchoff Road, but fewer than the 113 Ryan Homes had proposed under its now-abandoned plans, officials said. Much of the property has been vacant since 2004, and other redevelopment proposals have fallen through or were rejected. [Daily Herald]

Rancics sold Gold Coast home for $5M

TV’s Bill and Giuliana Rancic sold their 19th century home in the Gold Coast for $5 million. The 7,200-square-foot home on Bellevue Place, one of several the couple has rehabbed, first listed last year at $6.8 million. Bill Rancic was the winner of the first season of “The Apprentice,” while Giuliana is a former host of E! News. [Crain’s]


Related Articles

David Baum (inset) has given an unknown partner a $55 million stake in its Green Exchange building. (Credit: Baum Revision and LoopNet)

Baum Development sells $55M stake in Logan Square office redevelopment

PepsiCo CEO Ramon Laguarta and WeWork CEO Adam Neumann with the Old Post Office (Credit: Getty Images)

Space race: WeWork, PepsiCo may take a combined 320K sf at 601W Companies’ Old Post Office

Clockwise from left: 1521 North State Parkway, 1040 North Lake Shore Drive, 65 East Bellevue Place, and 21 East Huron Street (Credit: Redfin)

Near North Side dominates Chicago’s 5 priciest resi listings

Pilsen affordable housing development slammed as gentrification play, South Side beachfront property marketed to multifamily developers: Daily digest

Chicago casino operator probably won’t make much money, Tishman Speyer poaches JLL broker: Daily digest

Chicago’s most complex — and most expensive — condo deconversion deal hits another snag

Homes in Chicago's Archer Heights neighborhood (Credit: iStock)

Chicago Cheat Sheet: Chicago home value growth hits 3-year low, another suburban corporate exodus…& more

The Jeffery Towers portfolio

As South Shore booms, local investor seeks a big payout on 4-building portfolio